Posted: March 27, 2018
Here’s some great news after the worst winter we’ve gone through in five years. The federal tax credit for new equipment that expired at the end of 2016 has recently been modified by Congress to kick in retroactively through all of 2017.
This means that if purchased qualifying, high-efficiency heating or cooling equipment in 2017, you can apply for a tax credit of up to $500 on the tax form you will file this spring. If you have already filed, you can always amend your return so you can claim your tax credit.
If you had new equipment installed last year, check with your tax preparer to see if you qualify. And if you didn’t, you should consider updating your system this year so you can save money on heating and cooling expenses.
Right now, we are offering special incentives on a wide range of equipment, including new water heaters, oil tanks, a complete heating and cooling system, and a boiler with indirect-fired water heater.
Contact us to explore all of your options and let us help you save money on your heating and cooling expenses.